> For the complete documentation index, see [llms.txt](https://despend.gitbook.io/despend/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://despend.gitbook.io/despend/token.md).

# Token

### Token Overview

Token Name: DeSpend Governance 

Token Token Name: DSG

DSG is the governance and equity token of the DeSpend ecosystem. It is built based on Web3 technology and aims to reconstruct the consumption value distribution system through the token economic model. DSG not only serves as the core medium for payment, incentives and governance within the ecosystem, but also realizes the deep integration of consumption behavior and asset appreciation through innovative mechanisms, creating a new paradigm of "consumption is investment".

<figure><img src="/files/gJposqVwFE31V8CoajZy" alt=""><figcaption></figcaption></figure>


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